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Milind

Milind Vadjikar  |1191 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Oct 16, 2024

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more
Asked by Anonymous - Oct 16, 2024Hindi
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Sir, i am 63 yrs and now in employmet. My SIP per month investment in the mutual funds amounting to Rs.77000/- are : 1. ICICI Blue Chip 2. SBI Large and Midcap 3. HDFC Flexi Cap 4. Motilal Oswal Midcap 5. Quant Active Fund 6. Nippon India Small Cap 7. Quant Small Cap. My investment horizon is another 5yrs from now which has been continuing since 2 yrs back. Pl suggest whether to continue with these fund and how much corpus will be generated in 7 yrs and obliged.

Ans: Hello;
You may expect to receive a corpus of 1.06 Cr after the end of 7 years since your monthly sip investment began. Move exposure away from small cap funds to flexi and large cap funds in your portfolio.

Normally we do not recommend such heavy exposure to equity at this age but since you are still actively working it is okay but just make sure to transfer your gains into liquid or ultra short debt fund on a regular basis to protect against volatility.

Happy Investing!!

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Ramalingam

Ramalingam Kalirajan  |8292 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 18, 2024

Asked by Anonymous - Mar 24, 2024Hindi
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Hi Ulhas sir,I am 40 years old, my goal is retirement with 5 cr. I am investing 25k through SIP in the following Funds. 5k- icici pru bharat 23fof 5k-motilal oswal mid, 5K-Quant large and mid, 5k-Nippon Small cap 5k-Quant small cap, All Direct Funds. Investment Horizon - 20 to 22 Years. Goal -please check my portfolio,Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.
Ans: You've chosen direct MFs, which can be a cost-effective way to invest. However, there are some things to consider:

Strengths of Your Portfolio:

Diversification: Your portfolio has a good mix of funds across market capitalizations (large, mid, small). This helps spread risk and capture growth potential across different sectors.

High Risk Appetite: Given your high-risk appetite, the small-cap allocation provides the chance for potentially higher returns, but also comes with higher volatility.

Direct vs. Regular Funds:

Lower Cost: Direct MFs eliminate advisor fees, resulting in a lower expense ratio. This can potentially lead to higher returns over the long term.

Do-It-Yourself Approach: Direct MFs require you to research and select funds yourself. You'll also need to monitor your portfolio and make investment decisions independently. Actively managed funds involve experienced fund managers who try to pick stocks to outperform the market. Actively managed funds come with higher fees compared to passively managed funds.

Areas for Potential Review (with a CFP):

Asset Allocation: A Certified Financial Planner (CFP) can analyze your risk tolerance and investment horizon in detail. They can recommend an ideal asset allocation between equity and debt funds to optimize your portfolio for your retirement goal.

Fund Selection: While your chosen funds are from reputable fund houses, a CFP can assess their performance history, investment strategies, and fees to ensure they align with your goals.

Benefits of a CFP:

Personalized Plan: A CFP can create a comprehensive retirement plan considering your income, expenses, existing investments, and risk profile.

Expert Guidance: They can provide valuable insights on investment strategies, asset allocation, and navigating market volatility.

Remember:

Market Fluctuations: The stock market is volatile. Stay invested for the long term to ride out market ups and downs.

Regular Review: Review your portfolio (at least annually) with your CFP to ensure it remains aligned with your evolving goals.

Overall, you've built a good foundation! Consulting a CFP can help fine-tune your portfolio and potentially maximize your chances of achieving your retirement goal.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8292 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 10, 2024

Asked by Anonymous - May 10, 2024Hindi
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Money
Hello Sir, I started to invest in mutual funds through SIP recently with below given funds 1. Nippon India small cap direct 5K 2. SBI small cap direct 5K 3. Quant small cap direct 5K 4. Kotak Emerging Equity Direct Muti cap - 5K I want to continue for next 10-15years, please whether I am in right path and how much I get corpus value at the end of Investment for the given period Thanks!!!
Ans: Your choice of funds reflects a focused approach towards potential growth. Investing in small-cap and multi-cap funds can offer significant growth opportunities over the long term. It's commendable that you're thinking about the future and considering a decade or more of investment.

Small-cap funds typically invest in companies with a smaller market capitalization, which can be more volatile but also offer higher growth potential. Multi-cap funds, on the other hand, provide diversification across market caps, potentially reducing risk while still aiming for growth.

However, it's essential to recognize the risks associated with small-cap investments. These funds can be more volatile and may experience significant fluctuations in value. Additionally, smaller companies may face challenges in adverse market conditions.

Regarding your investment horizon of 10-15 years, it aligns well with equity investments, which tend to perform better over extended periods. The power of compounding works in your favor over such a timeframe.

There are some advantages to consider direct funds, and the cost savings can be significant in the long run. However, there are some potential benefits to using a regular MFD:
Advantages of Investing Through a Mutual Fund Distributor (MFD):
• Personalized Advice: MFDs can be helpful for beginners or those who lack investment knowledge. They can assess your risk tolerance, financial goals, and investment horizon to recommend suitable mutual funds. This personalized guidance can be valuable, especially if you're new to investing.
• Convenience: MFDs handle all the paperwork and transactions on your behalf, saving you time and effort. They can help with account setup, SIP registrations, and managing your portfolio across different funds.
• Investor Support: MFDs can be a point of contact for any questions or concerns you may have about your investments. They can provide ongoing support and guidance throughout your investment journey.


To maximize your investment's potential, consider diversifying across different asset classes to mitigate risk. Also, regularly review your portfolio's performance and make adjustments as needed to stay aligned with your financial goals.

Remember, investing is a journey, and it's essential to stay patient and disciplined, especially during market fluctuations. Keep contributing regularly to your SIPs and stay informed about market developments.

Overall, with a long-term perspective and the right strategy, you're on track to potentially build a substantial corpus over the next decade or more.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8292 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 19, 2024

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Hello Sir, I have started investing in sip from last month's and investing around 65k per month in 7 mutual funds which includes Nippon small cap,quant small cap, quant mid cap, Edelweiss balanced fund, canara robeco bluechip ,HDFC nifty 50 and Parag parikh flexi cap. As I want to make a Corpus of 1 crore in next 7-10 years is it good to continue with these funds or I need to do some changes. Please advise
Ans: Your initiative to start SIPs and invest ?65,000 monthly is commendable. At 7-10 years, achieving a corpus of ?1 crore is a realistic goal. Let's review your current funds and see if any adjustments are needed.

Current Fund Analysis

Nippon Small Cap and Quant Small Cap

Small cap funds offer high growth potential but are volatile. Holding two small cap funds increases risk. Diversifying to other categories can balance this risk.

Quant Mid Cap

Mid cap funds balance growth and stability. They are less volatile than small cap funds. This fund adds valuable diversity to your portfolio.

Edelweiss Balanced Fund

Balanced funds, also known as hybrid funds, invest in equity and debt. They provide stability and moderate growth. This is a good choice for risk management.

Canara Robeco Bluechip Fund

Large cap funds invest in well-established companies. They offer stability and steady returns. This fund adds a layer of safety to your portfolio.

HDFC Nifty 50

Nifty 50 index funds track the performance of the Nifty 50 index. However, actively managed funds often outperform index funds. Consider switching to an actively managed large cap fund.

Parag Parikh Flexi Cap Fund

Flexi cap funds invest across market capitalizations. They provide flexibility and diversification. This is a strong choice for a long-term portfolio.

Diversification and Risk Management

Diversification is crucial to managing risk. Your portfolio should balance growth and stability. Small cap funds should not dominate your portfolio. Consider reducing exposure to small caps.

Advantages of Actively Managed Funds

Actively managed funds adjust to market conditions. Fund managers seek opportunities for higher returns. This can outperform passive index funds like HDFC Nifty 50.

Regular Review and Adjustment

Regular reviews ensure your investments align with goals. Adjustments may be necessary as market conditions change. Consulting a Certified Financial Planner can provide personalized advice.

Investment Strategy for Corpus Growth

Reduce Small Cap Exposure

Keep only one small cap fund.
Diversify remaining investment into other categories.
Increase Large Cap and Balanced Fund Allocation

Allocate more to large cap and balanced funds.
These funds provide stability and steady growth.
Consider Multi Cap Funds

Multi cap funds invest in large, mid, and small caps.
They offer balanced growth and risk management.
Switch from Index Fund to Actively Managed Fund

Consider an actively managed large cap fund.
These funds aim to outperform the market index.
Empathy and Understanding

Your dedication to securing your financial future is admirable. Balancing growth and stability in your portfolio shows wisdom. Your goal of ?1 crore is achievable with the right strategy.

Conclusion

Your current mutual fund investments are strong. However, reducing small cap exposure and adding more large cap and balanced funds can enhance stability and growth. Regularly review and adjust your portfolio. Consulting with a Certified Financial Planner can provide tailored advice. Your commitment to investing wisely will ensure you achieve your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8292 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 13, 2024

Asked by Anonymous - Aug 02, 2024Hindi
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Hi Sir, I am 34 years old and a salaried person. Following are my SIP in mutual funds which I had started recently. 1) Quant Smallcap G (Growth)- Rs.5K 2) Quant ELSS G - Rs.5K 3) Quant Midcap G - Rs.5K 4) Quant Value G - Rs.6K 5) Quant Active G - Rs.5K 6) Quant Infrastructure G - Rs.5K 7) Tata Digital G - Rs.2.5K 8) HDFC Defence G - Rs.5K 9) Motilal Oswal Nifty Microcap 250 G - Rs.2.5K 10) Nippon India Power & Infrastructure G - Rs.4K I intend to invest for 15-20 years thus please suggest whether mentioned Funds are good for long term. I intend to generate corpus of INR.5 crores.
Ans: Assessing Your Current SIP Portfolio
Your SIP portfolio is quite diversified, which is a positive step towards achieving your goal. You’ve chosen a mix of funds, which shows your interest in different sectors. However, it's important to assess whether this diversification aligns with your long-term goal of generating Rs. 5 crores in 15-20 years.

Portfolio Evaluation
Sectoral Exposure:
Your portfolio has significant exposure to sectoral and thematic funds, such as infrastructure and defence. While these funds can perform well in certain market conditions, they also carry higher risk due to their sector-specific nature.

Over-diversification Risk:
You've invested in 10 different funds. This might lead to over-diversification, where the benefits of diversification are diminished. Managing and tracking too many funds can also become complex over time.

Need for Core Funds:
While you have thematic and sectoral funds, it's essential to have a strong foundation in core funds like large-cap or flexi-cap funds. These funds provide stability and long-term growth, essential for achieving your Rs. 5 crore target.

Recommendations for Improvement
Focus on Core Funds:
Consider reallocating some of your SIPs to core funds that provide consistent growth. Actively managed flexi-cap or large-cap funds can offer better risk-adjusted returns over the long term.

Reduce Sectoral Concentration:
While sectoral funds can boost returns during specific market phases, they should not dominate your portfolio. Consider reducing your allocation to these funds and balancing it with diversified equity funds.

Avoid Direct Funds:
If you're investing in direct plans, consider switching to regular plans through a Certified Financial Planner. Regular plans offer professional guidance, which is crucial for long-term wealth creation.

Steps Towards Achieving Rs. 5 Crore Goal
Increase SIP Contribution:
To achieve Rs. 5 crores, you might need to gradually increase your SIP amount. Consider a step-up SIP strategy, where you increase your contribution by a fixed percentage annually.

Stay Committed to Long-Term:
Your goal aligns with a 15-20 year horizon, which is ideal for equity investments. Stay committed to your SIPs, even during market volatility, to benefit from the power of compounding.

Regular Portfolio Review:
Conduct an annual review of your portfolio with a Certified Financial Planner. This will help you stay on track with your goal and make necessary adjustments as needed.

Final Insights
Your current SIP portfolio has a mix of opportunities and risks. By refining your investments, focusing on core funds, and regularly reviewing your strategy, you can increase your chances of reaching your Rs. 5 crore goal in the next 15-20 years.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Nayagam P

Nayagam P P  |4465 Answers  |Ask -

Career Counsellor - Answered on Apr 27, 2025

Career
Jee main 2025,my son got 95.2%tile,71104 rank ,ews rank 10111,home state punjab ,can he get cse,ece,data science,it, branch in any nit,iiit,gftis or which branches he will get in these institutes .
Ans: Varinder Sir, Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide.

Step-by-Step Guide to Check Your Admission Chances Using JoSAA Data
Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories both Home State (HS) i.e. State you belong to & also Other State (OS).
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in, separately for HS & OS Categories for a quick reference.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.

Follow this approach for Other State candidates and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...Read more

Nayagam P

Nayagam P P  |4465 Answers  |Ask -

Career Counsellor - Answered on Apr 27, 2025

Career
My son got 93.4 percentile jee main . He got eee bit mesra and cse in srm ktr which prospect is better?
Ans: Sharmistha Madam, prefer BIT-M-EEE. Explore more options for your daughter as back-ups by knowing the JoSAA Counselling Opening & Closing Ranks of last year. Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories both Home State (HS) i.e. State you belong to & also Other State (OS).
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in, separately for HS & OS Categories for a quick reference.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.

Follow this approach for Other State candidates and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'

Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories both Home State (HS) i.e. State you belong to & also Other State (OS).
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in, separately for HS & OS Categories for a quick reference.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.

Follow this approach for Other State candidates and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...Read more

Prof Suvasish

Prof Suvasish Mukhopadhyay  |598 Answers  |Ask -

Career Counsellor - Answered on Apr 27, 2025

Career
I have already appeared for the JEE Main and secured a 95.15 percentile, which is close to the previous year's cut-off. My query is whether it is possible to select both options JEE and NFATso that if I do not qualify through my JEE score, my application can be considered based on my NFAT score instead. If selecting both options is permissible, could you please guide me on how to do so while filling out the application form? Your assistance on this matter would be greatly appreciated.
Ans: No, candidates cannot apply using both JEE Main and NAFT scores for the same admissions. JEE Main scores are used for admissions to engineering programs at NITs, IIITs, and other participating institutions, while NAFT scores are used for admissions to NAFT-affiliated universities. These are distinct admission processes, and only one set of scores can be used.

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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